Houthi, said the Iran-aligned group will monitor the implementation of a ceasefire deal between Israel and Hamas and will continue its attacks on ships in the Red Sea if it is breached.

Israel and Hamas announced a ceasefire on Wednesday, leading to speculation that the Yemen-based Houthis — who began attacking commercial ships in late 2023 ostensibly in retaliation for Israel’s attacks on the Gaza Strip — might call off the broadsides for good.

The Yemen-based Houthis signaled a pause in their months-long attacks on commercial ships following a ceasefire deal between Israel and Hamas.

Maritime security officials said on Thursday they were expecting Yemen's Houthi militia to announce a halt in attacks on ships in the Red Sea, after a ceasefire deal in the war in Gaza between Israel and the militant group Hamas.

Houthi, leader of Yemen's Houthis, declared that the group would monitor the Israel-Hamas ceasefire. The Houthis threatened ongoing maritime attacks if the ceasefire is breached. Their assaults on the Red Sea have disrupted global shipping,

An oil tanker that burned for weeks in the Red Sea and threatened a massive oil spill has been “successfully” salvaged

Oil prices settled lower on Thursday with Yemen's Houthi militia expected to halt attacks on ships in the Red Sea, and investors weighing strong U.S. retail sales data. Brent crude futures settled down 74 cents,